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India Ratings Maintains Negative Outlook On NBFCs, Housing Finance Companies For Second Half Of FY21

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India Ratings Maintains Negative Outlook On NBFCs, Housing Finance Companies For Second Half Of FY21

Domestic rating agency India Ratings and Research on Thursday said it has maintained a negative outlook on Non-Banking Financial Companies and Housing Finance Companies for the second half of 2020-21.

It said growth in assets under management would be flattish for NBFCs as against its earlier estimate of 8-10% year-on-year, and in lower single digits for HFCs in 2020-21. “We have maintained a negative outlook on the non-banking finance company (NBFC, retail and wholesale) and housing finance company sectors for 2HFY21, amid Covid-19 related business disruptions,” the rating agency said.

It said that considering the unabated spread of the virus at pan-India level, time required for NBFC operations to return to normalcy could be prolonged.

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Although the liquidity and funding environment has improved for better-rated entities after July, there would be asset quality issues impacting overall profitability in 2020-21 and beyond, it said.

While it has a negative outlook on most of the asset classes, the rating agency has maintained a stable outlook on securitisation transactions for the second half of 2020-21. It was backed by home loans, vehicle loans, secured business loan (loans against property) pools, given the seasoning and credit enhancement build-up in these transactions.

However, it has revised its outlook to negative from stable for the securitisation transactions backed by microfinance loans, unsecured business loans and construction equipment loans because of the uncertainty around slippages after moratorium.

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Also Read : Announcement Of Bharat Bandh Against Agricultural Bills Today

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Our AI vision balances innovation and security: HP’s Vineet Gehani

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Our AI vision balances innovation and security: HP’s Vineet Gehani

HP is forecasting that AI PCs will make up one of every two PCs sold in India in the next couple of years. The dominant outlier in the PC market, HP, has been able to maintain its position due to quick reaction to market demands. The company has been focusing on creating a portfolio that appeals to both enterprises and consumers, including the HP EliteBook X G1.

Omen Max 16, and OmniBook. HP’s AI Companion app, preloaded with OpenAI models, can perform various tasks such as searching the web, analyzing files, summarizing PDFs, creating to-do lists, curating strategies, and planning meetings. The app also connects seamlessly to certain PC settings for quicker control. The company’s focus on customization intuitiveness.

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HP is focusing on AI PCs, collaborating with partners like AMD, Intel, Qualcomm, and strategy Microsoft, and offering customized AI solutions beyond what is already integrated in apps and operating systems. The company has added quick-commerce platforms to its retail presence in the country, catering to customers who want products quickly and without waiting for a day.

HP’s wide channel network, including over 750 outlets, is a key factor in this strategy. HP has made some of its consumer laptops available on these platforms, and there is a growing is outlets expected to continue in the coming years interest in these products on the commercial side of products is expected to lead to more efficient and productive work and personal lives.

The AI PC era has started with AI enhanced PCs, which were devices with an additional neural processing unit (NPU) in them. HP is excited about how AI PCs will become the next big thing for consumers, enhancing work and personal lives. The next generation AI PCs are expected to compute at 40 TOPS or more, with a range going up to 55 TOPS. This new enhanced portfolio.

April 2025 — As businesses and consumers increasingly rely on artificial intelligence (AI) to drive innovation, HP Inc. is ensuring that its AI solutions strike the right balance between cutting-edge technology and data security. Vineet Gehani, HP’s Vice President and General Manager of Personal Systems in Asia Pacific and Japan, recently shared insights into.

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“AI is transforming how we live and work, but innovation cannot come at the cost of security. At HP, we are committed to integrating security-first principles into every AI-powered product we create,” Gehani said during a recent technology roundtable. He explained that HP’s approach to AI focuses on developing smart solutions that not only enhance user experience.

AI at the Heart of HP’s Product Strategy

According to Gehani, AI plays a central role in HP’s evolving product offerings, especially within its laptops, desktops, and enterprise solutions. “From adaptive performance in computing devices to AI-driven cybersecurity tools, we are embedding AI into everything from the hardware to the software level to provide smarter, more secure experiences.

For HP, AI is not just about making devices smarter but also ensuring that these devices are capable of recognizing and responding to emerging security threats. This is especially important as more businesses and individuals move where data protection and privacy are of paramount importance.

HP’s Commitment to Data Privacy and Security

Incorporating AI in the realm of cybersecurity is crucial for the protection of sensitive information,” said Gehani. “With AI, we can detect anomalies faster, respond more efficiently, and preempt potential threats before they even arise. Our goal is to enable businesses and individuals to harness the power of AI while remaining confident that their data is safe.”

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